In many instances, internationally mobile employees enter into either a tax equalization arrangement or a tax protection arrangement with their employer when they are seconded, transferred or assigned to work in another jurisdiction. Tax equalization policies allow large expatriate employers to standardize and streamline administrative processes.
Whether you are a Foreign National or US Expatriate, KLR can prepare, consult on or explain to you your compensation package, including how it pertains to your specific tax equalization or protection arrangements. KLR works with clients to ensure:
- Hidden tax savings are recognized
- Income is reported properly, gross up calculations
- Programs are properly implemented
- Tax equalization policies are created